04/25/2019
“Transactions are happening at significantly cheaper valuations, perhaps due to the smaller banks’ relatively poor performance, leading to liquidity constraints, which may warrant even further capital injections, hence the cheaper acquisition
04/25/2019
Kenya's First Lady Margaret Kenyatta admires a sample of the exhibited products at the official opening of the Regional Family Conference in May 2018 at KICC, Nairobi.
04/25/2019
Mr Abradu-Otoo also noted that the central bank was confident the cedi would continue to hold its value for the remainder of the year.
04/25/2019
At a meeting with the African Development Bank President in Abuja, President Muhammadu Buhari commended the Bank for its successes and pledged Nigeria’s continuous support for the institution
04/24/2019
The forum discussed ways of developing the UAE-Rwanda economic and trade relations and shed light on Rwanda’s investment environment.
04/24/2019
A rising import bill usually triggers higher demand for foreign currency among importers and a decline in the local shilling.
04/24/2019
He revealed that the African Investment Forum which was organised by the bank in 2018
04/23/2019
The trade bloc spanning 49 countries with a combined GDP of $3trillion, will facilitate inter-regional trade, boost growth and help to alleviate poverty, its supporters say.
04/23/2019
In recent years Sudan has been hit by an acute lack of dollars, a key factor behind the nationwide protests that led to the toppling of Bashir by the army this month.
04/22/2019
Kenya has attracted the largest number of investors, with data showing that the islanders have invested over Ksh10 billion ($100 million) in the country, mostly in financial services and the sugar sector.
04/22/2019
“The tourist season is also one of the longest anywhere at 40 weeks a year, with no typhoon season or extreme weather conditions to trouble it—only the rainy season around Easter.
04/18/2019
Okavango Blue graded higher than Hope Diamond for purity
04/17/2019
The increased scrutiny is pushing back timelines and jacking up costs of setting up India-focussed funds in Mauritius
04/17/2019
Developers want to see at least a 20 per cent profit margin on development, a yield that is impossible to achieve from the low-end housing market.
04/17/2019
Ramaphosa’s rise to power produced a wave of optimism that governance would improve in South Africa.
04/17/2019
"We consider long-term impacts alongside shorter-term outcomes, and balance the interests of the Group, stakeholders and societies in which we operate to deliver positive impacts and create sustainable value on the African continent."
04/17/2019
The sum will help to finance 30 projects, ranging from electricity networks and transport to information technology and communication and improve cross-border trade, it said in a statement.
04/17/2019
Mauritius is small, isolated, but when it comes to a David versus Goliath sling-match, this island-nation with 1.4-million people is seriously kicking SA’s butt. How should SA rectify the balance?
04/16/2019
“Today, we have an innovation hub, and we are partnering with technology companies … We are constructing about 400 kilometres of fibre in Edo as we speak,” Governor Obaseki said.
04/16/2019
What would have been a good year has been desecrated by crippling policies - including punitive taxes and anti-business regulations.